On Anndy Lian’s post he mentioned that Bitcoin’s drop to $84,261 is a normal corrective pullback or the beginning of a deeper decline toward $79,600, citing a 2.81% BTC loss and 2.57% total crypto market decline in 24 hours. The thread attributes the selloff to macro risk-off moves driven by the Fed’s 25bp rate hike, surging 10-year Treasury yields near 5%, and strong U.S. PMI data, with BTC showing 96% correlation to the S&P 500. Technical levels include testing the 23.6% Fibonacci retracement at $84,432 and $84k support, with $237M in long liquidations; the author sees it as profit-taking after overbought RSI rather than a full reversal if supports hold.